Surplus Lines
AM Best TV & Audio: UK’s New Rules Unlock Potential as Top Global Captives Insurance Hub, McGill and Partners Executive Says: Professionals also discuss the effects of convective storms on reinsurance and examine tightening PFAS coverage in the face of rising claims and regulatory pressure.
AM Best Webinars & Briefings: Panel Members To Examine the State of the US Surplus Lines Sector: Professionals also explore characteristics and qualifications for effective expert witnesses and discuss fraud protection and prevention for insurers.
Academic Research: Rutgers Professor: Insurers, Public Officials Have Urgent Need To Fill Coverage Gaps: Failure to get adequate coverage following a catastrophe is no longer just a coastal issue, according to Distinguished Professor Emeritus Jay M. Feinman, co-director of the Center for Risk and Responsibility at Rutgers Law School.
App Store: App Developers: Mobile Platforms Taking Increasing Share of Desktop Functions: Agency owners can use mobile apps to see what is happening in the office, such as the number of calls and wait times and workflow management.
Artificial Intelligence: AI Makes the Case for Differentiating Regulation of Mutual Insurers: Artificial intelligence tackles the age-old debate over regulation of mutual insurers and whether it needs to be tweaked to reflect their different profile from stock carriers.
Asset Management: US Life/Annuity Insurers Embrace Alternatives and Mortgages: Life/annuity bond portfolio yield increased again in 2024 while other asset-backed securities also continued to grow steadily, according to an AM Best report. Some assets have progressively developed because of a variety of nontraditional investments, such as private equity and joint ventures.
Best's Calendars: ITC Vegas To Address AI, Other Challenges: AM Best will attend and provide video coverage from the insurtech event, which will focus on retention and claims and underwriting technologies.
Best’s Rankings: Top 25 US Life/Health Mutual Companies – 2025 Edition: Ranked by 2024 net admitted assets.
Best’s Rankings: Top 25 US Property/Casualty Mutual Writers – 2025 Edition: Ranked by 2024 net premiums written.
Best’s Rankings: Top Global Reinsurance Groups – 2025 Edition: Non-IFRS 17 companies ranked by 2024 gross premiums written. IFRS 17 companies ranked byv2024 revenue.
Best’s Rankings: US Life/Health – 2024 Group Life In Force – 2025 Edition: Ranked by 2024 group life business in force.
Best’s Rankings: US Life/Health – 2024 Group Life Issued – 2025 Edition: Ranked by 2024 group life business issued.
Best’s Rankings: US Life/Health – 2024 Individual Life Average Policy Size and Lapse Ratios – 2025 Edition: Ranked by 2024 individual life business issued.
Best’s Rankings: US Life/Health – 2024 Ordinary Life In Force – 2025 Edition: Ranked by 2024 ordinary life business in force.
Best’s Rankings: US Life/Health – 2024 Ordinary Life Issued – 2025 Edition: Ranked by 2024 ordinary life business issued.
Best’s Rankings: US Life/Health – 2024 Term Life In Force – 2025 Edition: Ranked by 2024 term life business in force.
Best’s Rankings: US Life/Health – 2024 Term Life Issued – 2025 Edition: Ranked by 2024 term life business issued.
Best’s Rankings: US Life/Health – 2024 Total Life In Force – 2025 Edition: Ranked by 2024 total life business in force.
Best’s Rankings: US Life/Health – 2024 Total Life Issued – 2025 Edition: Ranked by 2024 total life business issued.
Best’s Rankings: US P/C D&O Monoline Writers – 2025 Edition: Ranked by 2024 direct premiums written.
Best’s Rankings: US P/C Industry – Top 20 Exclusive MGAs: Ranked by 2024 direct premiums written.
Best’s Rankings: US P/C Industry – Top 20 Non-Exclusive MGAs: Ranked by 2024 direct premiums written.
Bookstore: Author: Connection, Consistency and Strategy Key to Insurance Sales Success: Retirement Planning Specialists’ Daniel Sarappo shares insights for building trust, creating referrals and standing out in a competitive market.
Corporate Changes: Mergers, Acquisitions, State Action and Name, Ownership and Domiciliary Changes: Cigna, Direct General and Key Insurance are among the U.S. life/health and property/casualty insurers that have experienced a corporate change.
Executive Changes: AIG To Welcome Former Lloyd’s CEO as New President: Aon makes several reinsurance executive appointments, MS Amlin names successor to retiring CEO and SiriusPoint taps chief risk officer.
From the Editor’s Desk: Exploring the Insurance Industry’s ‘Safety Valve’: Best’s Review examines the surplus lines market’s growth in the September issue and how carriers are reassessing their coverage.
Insurance Industry Research: Tokio Marine HCC: Medical Stop Loss Claims Rise as Frequency, Severity Spike: In its report, TMHCC said, “2024 was a year of significant market changes that continue to reverberate in 2025.” Claims frequencies are rising, particularly as hospitals seek to recover financially from the COVID-19 pandemic, the report said.
Insurance Professional Resources: Security Expert: Risk Assessments, Preparation Are Vital To Keep School Children, Staff Protected: Joe Hendry of Cosecure Enterprise Risk Solutions said school districts must prepare properly for the possibility of a tragedy.
Issues & Answers: Mutuals: Mutual Benefits: David Nelson, Executive Vice President for E&S Wholesale at Nationwide, said the company’s strategic priorities are enhancing the customer experience, delivering with operational excellence, and managing the business for sustained financial strength and stability.
Issues & Answers: Surplus Lines: PHLY E&S Builds Upward: Steven Rodriguez, Vice President of Philadelphia Insurance Companies E&S, said that construction has been a standout and now makes up about 60% of their book of business.
Issues & Answers: Surplus Lines: The Value Proposition: Phillip McCrorie, WSIA Chair and RSUI Chief Executive Officer and Chairman, said that analyses by Conning Inc., in 2016 and 2021, have confirmed that wholesale distribution does not increase the transaction cost for the insured.
Issues & Answers: Surplus Lines: Xceedance: E&S 2.0: Travis MacMillian, President – Americas at Xceedance, said that E&S market participants today are more open than ever to alternative distribution strategies.
Life Insurance: Provenance Blockchain CEO Focuses on Tokenization of Life Policies: Provenance Blockchain Labs is building a suite of software infrastructure products for financial services, with the idea that “anything that is cheaper and faster and safer in financial services will eventually win because it’s just better,” said Anthony Moro, CEO.
Mutual Insurers: Mutual Insurers Dominate Market Share in Farmowners Multiperil, Disability Income, Other Lines: Mutual Insurers Dominate Market Share in Farmowners Multiperil, Disability Income, Other Lines
Preferred Bloggers: D&O Diary Blog Details ‘Unpredictability’ of Corporate Risks Facing Executives : Blog creator Kevin LaCroix delves into cyber, artificial intelligence, regulations, geopolitical risk and other governance issues.
Preferred Influencers: Eschewing Glitz, Influencers Build BrandsVia Social Media With Credible Tone: Susan Isenhour, a Texas-based life and health insurance broker, says a strictly informational approach to social media such as Instagram and Facebook helps build trust in her marketing.
Preferred Podcasters: ‘Insurance Nerds’ Inject Both Humor and Insight Into Profiles in Risk Podcast: Self-described “Insurance Nerds” Nick Lamparelli and Tony Cañas host the Profiles in Risk podcast, a platform that attempts to entertain and educate its audience.
Preferred Publishers: P&C Specialist Recounts Sector’s Events From Earnings to Workplace Culture: Online insurance publications under Financial Times umbrella aim for stories with added context beyond breaking news, group managing editor says.
Risk Mitigation: NAMIC President: Legal System Abuse, Weather, Inflation, Other Events Creating New Era of Risk: Some industrywide challenges have undermined pricing accuracy, according to Neil Alldredge, president and chief executive officer of the National Association of Mutual Insurance Companies.
State Rate Filings: Approved Rate Increases for Flood Coverage With Overall Effect on Major Lines of 10.20% or Greater: Based on an effective date beginning on Jan. 1, 2024, through Dec. 31, 2025.
State Rate Filings: Senate Bills Aim To Reshape NFIP, Support Private Flood Insurance Market: The Removing Barriers to Private Flood Insurance Act would eliminate noncompete clauses prohibiting companies that participate in the NFIP’s Write Your Own program from also offering competing private flood products.
Surplus Lines: Shifting Risk: Surplus Lines See Growth as Admitted Carriers Reassess Coverage Amid Changes: Factors such as wildfire, natural catastrophes, difficulty attaining rate, uncertainty around emerging risks and loss trends are leading traditional insurers to draw down coverage, driving business into the non-admitted market.
Trending: Best’s News: Top Stories Include the Latest Global Brokers Ranking and News Articles About Network Outages: Other popular stories include a feature about FAIR Plans and rankings of the largest U.S. property/casualty insurers and the largest auto insurers.
Trending: Best’s Research: Trending Research Includes Reports on the US and Global Cyber Insurance Markets: Other trending research includes reports on Bermuda as a life/annuity reinsurance domicile, U.S. life/annuity investment yields and individual annuity surrenders.
Underwriting & Loss Control: Trench Collapse Among Many Workers’ Compensation Risks for Plumbing Contractors: Best’s Underwriting Reports and Best’s Loss Control Reports provide insights into the risks and lines of coverage for plumbing contractors.
Web Traffic: Web Traffic: Visits to Largest Life/Health Mutual Insurance Sites: State Farm Life Group leads web analytics provider Semrush’s ranking of most-visited life/health mutual insurer websites.
Web Traffic: Web Traffic: Visits to Largest P/C Mutual Insurance Sites : State Farm Group leads web analytics provider Semrush’s ranking of most-visited property/casualty mutual insurer websites.
What AM Best Says: MGA Premiums Show Double-Digit Growth for a Fourth Consecutive Year: Insurers must have an adequate level of understanding of artificial intelligence and machine learning models used by MGAs, according to an AM Best report.